Dear Valued Readers:
I would like to take this opportunity to thank Kelvin for asking me to be his research blogger and contributing editor for his Market Trend News Newsletter.
Secondly I would like to thank the thousands of readers for continuing to read our newsletter! I think you will enjoy it's new format and interesting articles.
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Please use it if you don't want to read our newsletter.
I am not an analyst, broker, or investment advisor. I have been trading the small cap markets for over 20 years and you should consider me a blogger with opinions on equities that you may find interesting. On my web site I have posted over 33,000 interesting news releases and articles over the last 12 years!
Please be advised that YOU are responsible for your own actions and you should consult your investment advisor before making any decisions.
Today I present to you a stock that I have been following for quite some time but have never bought:
Student Transportation Inc [ Website ]
Symbol: STB [ TSX Quote ] [ Nasdaq Quote ]
Why I like it:
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I think it is pretty recession proof. Children always have to get to school.
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The stock keeps setting 52 week highs as the company grows. The company continues to sign more contracts, expansion creates more capacity and more revenue.
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The dividend has been the same amount and has been paid every month since Feb.15, 2011.
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May 12, 2014 they announced a 5 and a half year, $10 Million Contract in California.
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They are the 3rd largest provider of school bus transportation in North America.
Technically a red flag would be if the bottom trend line was broken in the chart I provided.
(Click on the little chart above to bring it up.)
Thanks for reading!
Warren
Blogger/Researcher
PS: Bonus Report:
As we stated in our last Newsletter email, I will be scouring the internet for research reports. Here is this week's free 188 slide presentation.
Be patient it is a 5.4 MB PDF.
Emerging Economic & Geopolitical Issues:
An Update
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